Frederick Gunn School, The

Frederick Gunn School, The looks durable. The school holds 2.8 years of operating cushion, on the lighter end for a boarding school. Revenue runs 71% tuition-dependent (peer median 80%), moderate diversification with a meaningful endowment and contributions base. Staff compensation runs 40% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 7.1% vs -0.3% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 6.4 / 10, strong.

Frederick Gunn School, The reported $32.8M in revenue against $30.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $85.7M — about 2.78x annual operating expense.

Operating margin landed at 6.1%, with 71.3% of revenue coming from tuition. Among same-size peers, that puts Frederick Gunn School, The at the p60 on operating margin.